X COTC Student Home X P Homework and Tests - mariam X Labyrinth eLab: Home and Mastering O & https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssi CHAPTER 3 eBook Print ftom IEET Balance Sheet Instructions HEET.AL... Question not attempted. MEET.AL... TURTLE COMPANY Score: 0/144 EET.AL... Balance Sheet (Label) Assets 1 (Label) 7 (Label) Liabilities 13 (Label) Shareholders' Equity 19 (Label) Points 0/37 Fand Check My Work All work saved. MacBook Aird Mastering X P Homework and Tests - mariam X Labyrinth eLab: Home X COTC Student Home O & https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignme HAPTER 3 eBook Print Item ET Financial Statements T.AL... Instructions Chart of Accounts Labels and Amount Descriptions Income Statement ! Retained Earnings Statement ! Balance Sheet ! General Income Statement T.AL... T.AL... 1. Prepare an income statement for 2019. Income Statement Instructions TURTLE COMPANY Score: 50/79 Income Statement (Label) 1 Sales revenue $7,900.00 Cost of goods solo 4,100.00 $3,800.00 4 (Label Selling expenses $1,800.00 Administrative expenses 600.00 2,400.00 $1,400.00 12 Earnings per share (400 shares) Points: 13.29 / 21 Feedback Check My Work All work saved. MacBook AirInstructions Chart of Accounts Labels and Amount Descriptions Income Statement ! Retained Earnings Statement ! Balance Sheet General Journal Instructions Turtle Company has prepared the following adjusted trial balance for the year ended December 31, 2019: Turtle Company ADJUSTED TRIAL BALANCE December 31, 2019 ACCOUNT TITLE DEBIT CREDIT 1 Cash 1,700.00 2 Accounts Receivable 2,000.00 3 Inventory 1,800.00 Equipment 5,400.00 5 Accumulated Depreciation 1,700.00 6 Accounts Payable 2,200.00 7 Salaries Payable 300.00 8 Income Taxes Payable 420.00 9 Common Stock (400 shares) 3,200.00 10 Retained Earnings 2,300.00 11 Dividends 200.00 12 Sales Revenue 7,900.00 13 Cost of Goods Sold 4,100.00 14 Selling Expenses 1,800.00 15 Administrative Expenses 600.00 16 Income Tax Expense 420.00 17 Totals 18,020.00 18,020.00 Required: For 2019, prepare in proper form: (1) an income statement, (2) a retained earnings statement, (3) an ending balance sheet, and (4) closing entries.P Homework and Tests - mariam X Labyrinth eLab: Home X COTC Student Home O & https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignme eBook Print Item 12 23 Points: 0/ 37 Feedback General Journal 4. Prepare closing entries on December 31, 2019. General Journal Instructions Question not attempted. PAGE 1 GENERAL JOURNAL Score: 0/137 DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT Closing Entries Feedback Check My Work All work saved. MacBook AirakeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=8 eBook Print Item Feedback Retained Earnings Statement 2. Prepare the company's retained earnings statement for 2019. Retained Earnings Instructions TURTLE COMPANY Score: 4/41 Retained Earnings Statement (Label) $2,300.00 $3,700.00 200.00 $3,900.00 Points: 0.98 / 10 Check My Work All work saved. Email Instructor Save a MacBook Air